Property Overview
-
Status
Sold -
Address
1960 West 7th Avenue
Vancouver, BC
Canada -
Neighbourhood
Kitsilano -
# of Units
1863 -
# of Storeys
20 -
PID
004-623-011, 004-623-037, 004-623-045 -
Lot Size
17,996 SQFT -
Price
Please Contact Listing Agents -
SOLD
Cushman and Wakefield is pleased to announce the successful off-market sale of 1960 West 7th Avenue, in Vancouver, BC.
Situated in renowned Kitsilano, one of Vancouver’s most desirable neighborhoods, the property provided a unique opportunity to own a 35-unit existing multifamily asset with secure holding income and the opportunity to redevelop the property as secured market rental housing under the City of Vancouver’s Broadway Plan.
Investment & Property Highlights
- High-density rental development site on a 150’ x 120’ lot
- Canada’s second most recognizable neighbourhood, minutes from Downtown Vancouver
- 35-Unit existing rental building with secure holding income in place
- Close to the incoming subway station at Arbutus and Broadway
- Hip suburban mix of amenities with excellent access to walking/cycling trails including the Arbutus Greenway
For information of the off-market sale of 1960 West 7th Avenue, or to obtain a confidential market value estimate for your property, please contact a member of the exclusive property advisors.